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20120930
20121008
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obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these numbers o
by the obama administration that are having a chilling effect on energy production in the united states. those three things alone would send signals to the marketplace. we're serious about our energy policy. even though congress doesn't act, the administration, the president could take those steps and it would send a clear signal, put a lot more people to work. >> so what should the policy look like? what, in your view, would be the most important, you know, event that the administration can do to help the country's energy situation? >> i think the first thing is it needs to be a policy driven by job creation. in the oil and the gas business, since this recession started in 2007, 2008, we've created close to 400,000 jobs when the economy has lost 6 million. so we need to focus on job creation potential. the second thing we shouldn't overlook is the amount of revenue that the industry generates as they create these jobs. we contribute over $86 million a day to the federal government. that's a lot of revenue that could help with deficit, deficit reduction and our debt structure. the third piece
since president obama took office. the labor departments report for september shows the economy added 114,000 jobs last month. the unemployment rate drops significantly to 7-point 8%, from 8.1% in august, that is a surprise because economists were expecting unemployment to pick up. president obama and mitt romney will both be campaigning in virginia this morning, the obama campaign took a hit with his debate performance this weeks this will give him something to crow about today. the romney campaign, mitt romney issued a statement saying this is not what a real recovery looks like. he goes on the say, the real unemployment rate is closer to 11% if you count the people who stopped looking for work. there is also a lot of speculation on line on social media this morning, that the obama administration could be fudging the numbers. we took that question right to the secretary of labor this morning. she tells us it's ludicrous to say the numbers could be manipulated. >>> secret service has new policies in place after one of the most embarrassing scandals in the history. it would ban exces
the race for the white house, it is still very close. 50 percent say they support president barack obama and several report mitt romney. mitt romney appeared to have an edge among likely voters and president barack obama a to have -- appears to have an advantage on taxes and foreign policy. >>> and on this eve against president barack obama, we will take you live to our washington d.c. bureau and we will tell you how the new ads are stirring up controversy over tax increases. >>> they will be playing in the postseason... >> the a's preceded the texas rangers and they clinched one of two american league wildcard spots. they now have playoff shirts and hats and now a pie in the face. as you can see the celebration continued into the clubhouse and the champagne and beer was flowing and there has was also some dancing going on. if they win tomorrow, they still get that wildcard spot. i didn't expect to be door here so we are really excited. >> tdoes it feel like you thought it would? >> well, way better but this is what you work your whole life for. >> now, you can send your photos to us at
the math doesn't work. >> you're the master of the budget. so let's go through the plan. the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. >> how much would it cost? >> its revenue neutral. >> i'm just talking about the cuts. we'll get to the deductions. >> the cut in tax rates is lower all americans tax rates by 20%. it's revenue neutral. >> it's not revenue new pral unless you take away the deductions. the first half, lowering the tax rates, does that cost $5 trillion? >> no. look, i won't get into a baseline art with you but that's what a lot of this is about. lowering tax rates by broadening the tax base works. and you can -- let me finish. >> you haven't given me the math. >> i don't -- it would take me too long to go through all of the math. >> i got to tell you, what did you think of that? i thought that was unbelievable. >> why? >> first of all, it was on fox which we all have views on what you think fox will do. second of all, i think he has no details. >> i don't agr
. he's due in court. >>> 7:05. new polls indicate president obama may already have the electoral votes to win a second term. 270 electoral votes are required to win the -- to win the presidency. an "associated press" poll says if the election were held today, president obama would win 271 votes. mott, 206 i lek troll votes. but more campaigning is to be had along with the presidential debate -- debates. >>> coming up at 7:15, what analysts are saying about the possibility of a major ruling on gay marriage with the supreme court. >>> okay. sal, how are would doing out there? >> we're doing okay. we've had a couple of things even though the crashes have not been all that significant. let's take a look at the bay bridge. the traffic looks good. still covering that accident in san francisco at the fremont street exit. it is mostly affecting the traffic but not the bridge traffic. we've a couple of minor accidents. the most major 580 and traffic is backed up big time getting into livermore. if you are driving in livermore, 280, there was an earlier crash there. san mateo and come bar ton br
president obama. 47% say they support mitt romney, the republican presidential nominee. in terms of unemployment and budget issues, romfry i -- romney appeared to have the edge. president obama had an edge on tax, healthcare and foreign policy. president obama and romney face off tomorrow night in denver. the stakes are especially high for romney when it comes to women voters. we'll have more on that at 7:15 when we go live to our washington, d.c. bureau. >>> the oakland as beat the texas rangers, 4-3. the as are heading back to the playoffs for first time in six years. [ cheers ] >> struck out all three batters at the top of the 9th. the celebration started. that means at the very least, the as clinched one of the two american league championships. the celebration moved into the clubhouse. the champagne, the beer was knowing. the players started dancing, too. coco crisp played a big role in the game, doubling in the go- ahead run and epscoreed the eventual run. you know, you wouldn't think that all of these rookies would be doing something like this but they have better mentalit
. for the first time since president obama took office, the nation's unemployment rate is now less than 8%. the unexpected news seemed to buoy the president on the campaign trail, who took advantage of the announcement that the american economy created 114,000 jobs last month. >> more americans entered the workforce. more people are getting jobs. >> this country has come too far to turn back now. >> conservatives, though, took to social media to accuse the obama administration of doctoring those numbers. republican nominee mitt romney did not go that far, but did say the reason for drop in the unemployment rate is because americans have just stopped looking for work. >>> the mom accused of abandoning her 10-year-old daughter inside of a local safeway store after a botched shoplifting attempt was in court today. and nbc bay area has learned investigators believe this mom did the same thing just go weeks earlier and got away with it. the prosecutor says marci ariko pulled the same stunt at the same morgan hill safeway store. the difference is the first time she allegedly went into the store
a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told investors today that he thinks chipotle's stock is short. my next guest couldn't disagree more with the short call. he's damon vickers. good to have you on the program, damon. thanks for joining us. why do you think you're right? >> well, yeah, you named it. look, i think we own chipotle. we also own yum brands. his assertions, one by one, seem kind of an empty bag. they don't really hold much water. >> so let's talk about some of those assertions, damon. einhorn is citing co
and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david,
Search Results 0 to 9 of about 10